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GameStop is an American retailer of video games and electronics. In early 2021, it became the focus of a major financial event when individual investors on Reddit's "r/WallStreetBets" caused its stock price to skyrocket through a short squeeze, resulting in significant losses for hedge funds that had bet against it. Additionally, after Toys "R" Us went out of business, GameStop took over some of its retail space and market share, expanding its reach in the toy and gaming markets.